Online retail is still growing 20% to 30% per year.— Andrew Smith, Yuppiechef
Amazon has a larger market cap than Walmart.— Andrew Smith, Yuppiechef
Online has allowed pricing to be a lot more visible.— Andrew Smith, Yuppiechef
Smith spoke about the state of ecommerce, including trends such as Visa Checkout and Snapscan, as well as the issue of deliveries (in the light of the recent purchase of Postnet by Aramex, enabling online purchases to be collected from a Postnet branch).
Scroll down for quotes from the audio below.
We have about 85 staff members. It’s a big business.— Andrew Smith, Yuppiechef
There certainly was less competition 10 years ago.— Andrew Smith, Yuppiechef
We ship to five other African countries.— Andrew Smith, Yuppiechef
South Africa is always behind in these aspects.— Andrew Smith, Yuppiechef
We have a very strong mall culture. We have one of the highest rates of malls per capita.— Andrew Smith, Yuppiechef
The Post Office has done us no favours.— Andrew Smith, Yuppiechef
Just start! Making sales is the hard part. Don’t spend a year fiddling with the technology.— Andrew Smith, Yuppiechef
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Tebogo Mogola, co-founder and Director at Sneaker Exchange Expo.
It just became easier than ever to buy local when shopping online. Bruce Whitfield interviews Proudly SA’s Eustace Mashimbye.
The Money Show’s Bruce Whitfield interviews South African Mint Managing Director Tumi Tsehlo.
The Money Show’s Bruce Whitfield interviews Zodwa Velleman, CEO at the Vapour Product Association of South Africa.
Meet Netflorist MD Ryan Bacher and learn how he created one of Africa’s largest online retailers.
Meet the founder of WantItAll, South Africa’s second largest web store, and the brains behind the revolutionary Parcelninja.
The consequences of consuming dagga at home and showing up at the office high. Bruce Whitfield interviews a labour lawyer.
The Money Show’s Bruce Whitfield interviews Adv. Eric Mkhawane, CEO at the Office of the Tax Ombud.
The Freedom Front Plus says the Gauteng Education MEC has flouted school language policies and is destroying Afrikaans.
International law enforcement expert and former Drug Unit Commander Lobo das Neves says ruling opens a different can of worms.
Basic Education spokesperson Elijah Mhlanga spoke to Joanne Joseph on the Afternoon Drive to elaborate.
Associate Professor of Law at Wits University James Grant says the ConCourt did not define what private use was.